UPUKLive, 19 Oct 2024, New Delhi: Before Diwali, the central government gave a big gift to 1 crore central employees and pensioners of the country. Yes, according to the updates that have come out quoting sources, the Central Government (Central government latest updates) has announced a 3 percent increase in the dearness allowance (DA Hike) of the employees. After this increase, DA has increased to 53 percent. Earlier in March this year, DA hike of 4 percent was given.
DA hike of employees increased to 53% (DA hike updates)
Central government employees (Central government latest updates) were currently getting 50 percent DA and according to government sources, before Diwali, the government has given them a big gift by increasing it by 3 percent. The benefit of this latest increase in DA will be available from July 1, 2024. This means that the Diwali of central employees has become even brighter, because there will be a bumper increase in their salary.
This is the second DA Hike of the year 2024
Generally the Central Government revises the DA of employees in January and July. Earlier, on March 24, 2024, central employees were given a gift of 4% DA Hike. With this increase, the dearness allowance he received was increased from 46% to 50%. Now after the latest increase it has increased to 53 percent.
How much will the salary increase
Now let us talk about how much the salary of the employees will increase after the government increases the dearness allowance by 3 percent. So according to the calculation, if the basic salary of an employee is Rs 55,200, then at present his dearness allowance at 50% is Rs 27,600. Whereas if DA increases to 53 percent, then their dearness allowance will increase to Rs 29,256. That means the salary of the employees will increase by Rs 29,256 – Rs 27,600 = Rs 1,656.
You will also get 3 months arrears
After the increase in dearness allowance by Modi government (PM Modi Govt), now central employees will also get arrears of three months. Under this, the arrears of the months of July, August and September will also be added to the October salary received by the employees. This means that on the occasion of Diwali, they will get a huge amount of money in their hands.
Let us tell you here that the calculation of DA received by the employees is related to the All India Consumer Price Index (AICPI), which tracks retail inflation in the last 12 months. With world inflationary pressures and rising costs, this decision is important for the management of household budgets across the country.
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